Wallfacer Podcast

Wallfacer Podcast
Wallfacer Podcast

Wallfacer Podcast: Conversations with the builders, operators, and investors shaping crypto's future. We explore the strategies, technical innovations, and market insights that go beyond the headlines wallfacerlabs.substack.com

  1. #23: Ivan Kozlov, Resolv | Yield bearing stables, why tranching works, & "stablecoinizing" everything

    JUL 2

    #23: Ivan Kozlov, Resolv | Yield bearing stables, why tranching works, & "stablecoinizing" everything

    Today's guest is Ivan Kozlov, co-founder of Resolv Protocol. We discuss how Resolv has been successful with tranching, their yield-bearing stablecoin architecture, and why most TradFi instruments fail when transplanted to crypto. Ivan shares his contrarian take on distribution strategies and his ambitious vision to "stablecoinize" hedge funds, credit funds, and eventually everything. GUEST LINKS: * Ivan Kozlov: https://x.com/Iv4n_Ko * Resolv Protocol: https://x.com/ResolvLabs * Resolv Journey (Roadmap): https://resolv.xyz/journey HOST LINKS: * Ryan Rodenbaugh: https://twitter.com/ryanrodenbaugh * Vaults.fyi: https://twitter.com/vaultsfyi * Wallfacer: https://x.com/wallfacerlabs SUBSCRIBE SECTION: Subscribe to Wallfacer Podcast and share with friends: * Apple * Spotify * YouTube: https://www.youtube.com/@WallfacerLabs * Substack: https://wallfacerlabs.substack.com/s/podcast TIMESTAMPS: [00:00] Background & Journey from Nuclear Physics to DeFi [03:15] Why TradFi Products Fail in Crypto [09:39] What is Resolv Protocol [14:56] Tranching Mechanics & Risk Segregation [24:27] Market Segmentation & Risk Profiles [29:53] Distribution Strategy & Go-to-Market [40:01] Multi-Chain Expansion Philosophy [48:17] Future Yield Sources Beyond Delta Neutral [54:26] Five-Year Vision & Market Size Predictions This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wallfacerlabs.substack.com

    57 min

  2. JUN 11

    #22: @Defi_dad & @Nomaticcap | ETH's path forward, narrative problems, & the user advantage

    Today's guests are @DeFi_Dad and @Nomaticcap, co-hosts of The Edge Podcast, authors of The Edge newsletter, and prominent angel investors. We discuss the foundational role of Bitcoin ideology in shaping the crypto industry, why Ethereum is "woefully undervalued," and the gap between crypto narratives and reality in today's market. Plus, where they're placing their angel investment bets in 2025. Guests: * DeFi Dad: https://twitter.com/DeFi_Dad * Nomatic: https://twitter.com/nomaticcap * The Edge Podcast: https://x.com/edge_pod * The Edge Newsletter: https://the-edge.xyz Host: * Ryan Rodenbaugh: https://twitter.com/ryanrodenbaugh * Vaults.fyi: https://vaults.fyi Subscribe to Wallfacer Podcast and share with friends: * Spotify: * YouTube: https://www.youtube.com/@WallfacerLabs * Substack: https://wallfacerlabs.substack.com/s/podcast Show Notes: [00:00] Intro & Origins [05:02] Nomatic's Backstory [10:33] The Bitcoin Foundation [16:14] Modern Blockchain Philosophy [24:59] Ethereum Sentiment & Conviction [31:26] Ethereum's Path Forward [37:45] The User Advantage [40:39] Storytelling vs. Reality Problem [46:39] DeFi Evolution: The Curator Model [55:20] Portfolio Examples & Strategy [1:00:40] DeFi Tokens in Top 20 Problem [1:11:25] Future Bets & Trends [1:21:21] App Layer Thesis [1:26:29] Mispriced Opportunities [1:27:32] Wrap-up & Where to Find Them This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wallfacerlabs.substack.com

    1h 30m
  3. #21: Dion Chu, Term Finance | Beyond Variable Rates, DeFi's Fixed Income Future

    APR 21

    #21: Dion Chu, Term Finance | Beyond Variable Rates, DeFi's Fixed Income Future

    Please like, subscribe, and leave a positive review. It helps us get the show in front of more listeners and viewers (Apple, Spotify , YouTube) Today’s guest is Dion Chu, Co-founder and CEO of Term Finance, a fixed-rate lending protocol. Term has raised over 7mm led by Electric Capital. Their token just recently went live and is trading on top exchanges like Kraken * Ryan: https://x.com/RyanRodenbaugh * Wallfacer: https://x.com/wallfacerlabs * Vaults.fyi: https://x.com/vaultsfyi * Dion Chu: https://x.com/dionchu * Term Labs: https://x.com/term_labs Timestamps: * 00:09 - Introduction to Dion Chu and Term Finance * 00:28 - What Term Finance does and what makes it unique in the lending space * 01:04 - The auction mechanism and insights that led to Term Finance's approach * 06:04 - How treasury auction mechanisms were adapted for DeFi * 09:02 - Potential for collusion in auction markets 10:29 - Supply and demand dynamics in Term Finance's market * 13:02 - Approaches to cultivating more lending capital * 15:03 - Impact of low variable rates across DeFi on Term's rates * 18:18 - Overview of Term's product suite (auctions, blue sheets, meta vaults) * 21:43 - Collateral preferences and makeup from borrowers * 23:26 - Cross-chain expansion and differences between Ethereum and Avalanche * 27:14 - Selling points for institutional capital and family offices * 28:56 - Security benefits of Term's architecture * 31:18 - Token launch learnings and advice for other founders * 36:24 - Next innovations and improvements planned for Term * 37:31 - Original vision of success and how goals have evolved This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wallfacerlabs.substack.com

    39 min
  4. #20: Nik Kunkel, Chronicle Labs | Oracle Evolution & Enabling the Tokenization Wave

    APR 11

    #20: Nik Kunkel, Chronicle Labs | Oracle Evolution & Enabling the Tokenization Wave

    Today’s guest is Nik Kunkel, the founder and CEO of Chronicle Labs. Nik is a long-time contributor to MakerDAO and an early builder in the oracle space. * Nik: https://x.com/nomos_paradox * Chronicle: https://x.com/ChronicleLabs * Ryan: https://twitter.com/RyanRodenbaugh * Wallfacer: https://x.com/wallfacerlabs * vaults.fyi: https://twitter.com/vaultsfyi Timestamps: * 00:00 Introduction to Nik Kunkel and Chronicle Labs * 00:19 Nik's journey from IBM Hyperledger to MakerDAO * 03:27 Joining MakerDAO and the origins of SAI * 04:57 Early challenges with stablecoins and off-ramping * 06:54 The early days at MakerDAO and infrastructure challenges * 10:06 Introduction to Chronicle Labs and its origins * 14:32 Oracle scalability challenges and solutions * 17:05 Validator roles and the importance of identity * 20:44 How validators collect and report data across protocols * 21:58 How apps and chains choose Oracle providers * 27:24 Metrics for comparing Oracle providers * 30:24 Understanding Oracle business models * 37:03 Different pricing approaches for Oracle services * 40:33 Chronicle's focus on real-world assets (RWAs) * 46:21 Fungible vs. non-fungible RWAs and growth potential * 51:11 Chronicle's role in the Spark Grand Prix and Verified Asset Oracle * 55:32 Future evolution of the Oracle space * 58:37 The Chronicle points program and staking This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wallfacerlabs.substack.com

    1h 1m
  5. #19: Sam MacPherson, Spark | Building DeFi's Liquidity Layer

    MAR 31

    #19: Sam MacPherson, Spark | Building DeFi's Liquidity Layer

    Today’s guest is Sam MacPherson, co-founder and CEO of Phoenix Labs, the core contributors to the Spark Protocol. Sam is also a long-time contributor to Sky, previously known as MakerDAO Sam: https://x.com/hexonautSpark: https://x.com/sparkdotfiRyan: https://twitter.com/RyanRodenbaughWallfacer: https://x.com/wallfacerlabsvaults.fyi: https://twitter.com/vaultsfyiTimestamps:  00:00: Introduction and Sam's Journey to MakerDAO03:05: Idealism vs. Practicality in Protocol Evolution09:10: The SubDAO Model and Spark's Genesis15:30: The Role of Spark in the Sky Ecosystem18:50: Spark Liquidity Layer Innovation24:10: The Banking Analogy and Value Distribution29:10: The Stablecoin Landscape and Tether's Dominance34:19: Cross-Chain Expansion and Bridge Infrastructure36:40: Competitive Dynamics in DeFi39:40: RWA Integration and the Grand Prix45:40: Spark's Future and Value Capture49:50: Closing Remarks and Ways to FollowPlease like, subscribe, and share with a friend!  This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wallfacerlabs.substack.com

    50 min
  6. #18: Luca Prosperi, M^0 | Reimagining Money & the Future of Stablecoins

    FEB 3

    #18: Luca Prosperi, M^0 | Reimagining Money & the Future of Stablecoins

    How are stablecoins reshaping the financial stack? Ryan chats with Luca Prosperi about reimagining the financial stack from first principles, why separation between money creation and distribution matters, and how M^0's enables both DeFi protocols and fintech apps to build better products. Follow our guests:  https://x.com/LucaProsperihttps://x.com/m0foundationAnd try out Wallfacer’s latest release: https://app.vaults.fyi Follow our host:  https://twitter.com/RyanRodenbaughhttps://warpcast.com/ryanrodenbaugh.eth Timestamps 00:00 - Luca's crypto red pill03:03 - The philosophy of money07:21 - Understanding modern banking12:14 - Reflections on working with MakerDAO17:24 - The current state of RWAs21:52 - The belief behind M^030:28 - $M's role as wholesale money38:04 - How M^0 manages collateral41:40 - Composability and $M44:47 - M^0's pitch for GTM success47:37 - The economics of stablecoin issuers53:58 - M^0's two token governance model58:32 - The economics of M^01:00:52 - Levelling up crypto monetary infrastructure1:04:27 - Closing predictions on DeFi This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wallfacerlabs.substack.com

    1h 13m
  7. #17: Michael Bentley, Euler | Building DeFi’s Global Liquidity Layer

    JAN 17

    #17: Michael Bentley, Euler | Building DeFi’s Global Liquidity Layer

    How is Euler Finance becoming DeFi's global liquidity layer?  Ryan Rodenbaugh chats with Michael Bentley about reimagining DeFi infrastructure through modular design, what’s driving the protocol’s high yields, and why more builders are choosing Euler as their foundation. Follow our guests:  https://x.com/euler_mabhttps://x.com/eulerfinance And try out Wallfacer’s latest release: https://app.vaults.fyi Timestamps 00:00 - Michael’s background 05:22 - Getting into crypto 08:32 - The vaults.fyi app 09:17 - Euler’s culture  12:12 - Screening for culture fits 14:17 - Sticking around after the Euler hack 17:00 - Euler v2 vs Euler v1 19:49 - Euler as primitive infrastructure 28:54 - The case for alternative collateral  31:28 - Why Euler is a RWA project 35:58 - Bootstrapping stablecoins with modular DeFi protocols 39:37 - What’s driving Euler’s high yields 42:51 - Balancing incentives for a mature token 46:05 - Euler’s metrics for success 49:30 - Why don’t protocols just launch on Euler? 52:48 - DeFi and the Lindy effect 55:04 - What’s next for Euler 59:37 - Realizing Euler’s vision This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wallfacerlabs.substack.com

    1h 2m
  8. #16: Matt Fiebach, Entropy Advisors | Accelerating the Arbitrum DAO

    12/02/2024

    #16: Matt Fiebach, Entropy Advisors | Accelerating the Arbitrum DAO

    @RyanRodenbaugh sat down with @MattFiebach of @EntropyAdvisors in our latest podcast!  They discussed how the Entropy team is accelerating the @arbitrum DAO, the current OpCo proposal, & the world of decentralized governance.  Timestamps 00:00 - What is Entropy Advisors? 01:59 - Why Arbitrum? 05:54 - Who contributes to Arbitrum today? 08:02 - Which Arbitrum competitors stand out? 12:11 - Offchain Labs’ influence on Arbitrum 13:56 - What does OpCo address? 16:10 - How OpCo has been received 18:35 - Analogous structures & OpCo’s role 21:40 - In-house vs service providers 23:07 - How L2s are valued 25:33 - Arbitrum DAO’s business model 28:25 - Matt’s thoughts on the Superchain narrative 37:02 - What should L2s focus on? 41:16 - Arbitrum’s homegrown success stories 46:37 - Focusing on Ethereum vs other L1s 51:13 - Arbitrum and L2 interoperability 53:18 - Friction points for users 54:58 - Getting people onchain & closing thoughts Follow our guests:  https://x.com/MattFiebachhttps://x.com/EntropyAdvisorsStay connected with Wallfacer:  https://twitter.com/wallfacerlabshttps://linktr.ee/wallfacerlabshttps://twitter.com/ryanrodenbaughhttps://warpcast.com/ryanrodenbaugh This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wallfacerlabs.substack.com

    1 hr
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Ratings & Reviews

5
out of 5
2 Ratings

About

Wallfacer Podcast: Conversations with the builders, operators, and investors shaping crypto's future. We explore the strategies, technical innovations, and market insights that go beyond the headlines wallfacerlabs.substack.com

Information

  • Creator
    Wallfacer Podcast
  • Years Active
    2023 - 2025
  • Episodes
    24
  • Rating
    Clean
  • Copyright
    © Wallfacer Labs
  • Show Website
    Wallfacer Podcast

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